https://www.taxtmi.com/highlights?id=61718 Addition u/s 68 - unexplained Cash Credit - Though the transactions of the loan received by the assessee are not free from any doubt but in either of the case, once repayment of the loan has been established based on the documentary evidence, the credit entries cannot be looked into isolation after ignoring the debit entries despite the debit entries were carried out in the later years. - CIT(A) rightly deleted the addition - AT en-us Mon, 31 Jan 2022 10:48:13 +0530 Mon, 31 Jan 2022 10:48:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61718 Addition u/s 68 - unexplained Cash Credit - Though the transactions of the loan received by the assessee are not free from any doubt but in either of the case, once repayment of the loan has been established based on the documentary evidence, the credit entries cannot be looked into isolation after ignoring the debit entries despite the debit entries were carried out in the later years. - CIT(A) rightly deleted the addition - AT Highlights Income Tax Mon, 31 Jan 2022 10:48:13 +0530 https://www.taxtmi.com/highlights?id=61718